[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 6 KB, 384x384, washible.png [View same] [iqdb] [saucenao] [google]
22349247 No.22349247 [Reply] [Original]

It's washtrading you brainlets.

Just look up Rarible washtrading on google. The way it is distributed is that every week, top buyers and sellers get a percentage of 75k RARI, depending on how much they spent.

So people are buying this pointless art from themselves. 20 ETH worth washtraded gives you easily 5% of the total weekly distribution, that's 3750 RARI weekly or about 10k USD every week, which you get to dumb for simply trading 20 ETH to yourself.

These are the people making RARI thread and hyping it up, just because Andre Cronje got excited about an NFT marketplace. Those insurances that are being sold there are pretty nifty but currently pointless. You save very little selling them over just canceling them, since no one is interested in buying one on RARI over making their own. That may change but that's what it is now.

I would have exploited this thing myself but don't want to get in trouble 2 years down the line over some washtrading (which is illegal). So I'm warning you fucking retards.

>> No.22349273

explain

>> No.22349298

Whenever suddenly 20 threads and hour pop up on /biz/ out of nowhere, I never buy it.
Fuck your coordinated shill coins.

>> No.22349330

>inb4 muh FUD to buy in lower

No. In fact I was the anon who first made the post why Rari could be useful. But really, I don't think there's all that much money in second-hand insurance selling, it just means the insurance provider is inefficient in their service. So it would be fixed on that end.
I'm just salty after finding out what it really is and not being brave enough to make money washtrading it myself.

Please read carefully my post. And think about it. Who the fuck is buying digital art that you can just copy-paste, for hundreds of dollars or more? Have some common sense.

>>22349273
Just read carefully anon.

>> No.22349341

You're a nigger

>> No.22349347

>>22349247
so you’re saying biz is trying to scam me?
>>22349298
there are the easiest quick 2x’s

>> No.22349374

>>22349341
sorry buddy, did I ruin it for you?

>> No.22349389

literal fud, so many ppl saying they wanna buy in lower today i wonder why

>> No.22349462

oh shit it's actually at $5 now.

So trading yourself 20ETH makes 18k USD. Wtf man, how did it even come this far.

>> No.22349492

>>22349247
I bet you missed out on YFI too huh? Andre told you it wasn't suitable for investing and was just a farm coin.
The supply released is so fucking little and over such a long time that it hardly even fucking matters. If you honestly look at what is happening with rari and can't see what a fucking moonshot it is then you should just hold BTC and ETH to leave gains to the big boys

>> No.22349555

>>22349492
not an argument.

>> No.22349574

>>22349247
https://twitter.com/rariblecom/status/1288609216069017600

>> No.22349594

>>22349247
>NFTs are just pointless art that's all
>Just because some nobody called Andre Cronje got excited about it
>People are definitely making money from you, It's completely happening but I didn't do it because I'm such a nice guy
>Insurance and Defi combined with NFTs is not a big deal

>> No.22349636

>>22349555
Stay poor, Hopefully this thread can get some panic sells so I can buy in cheaper before the next leg up, crypto is not easy and the real 100xs are only for those who can dispell fud and spot a big project from it's early roots like this

>> No.22349656

>>22349594
>NFTs are just pointless art that's all
not what I said.
>Just because some nobody called Andre Cronje got excited about it
also not what I said
>People are definitely making money from you, It's completely happening but I didn't do it because I'm such a nice guy
also no, just don't want to get in trouble
>Insurance and Defi combined with NFTs is not a big deal
not what I said

>> No.22349745

>>22349462
all in

>> No.22349843

BASED! look at this address
they are airdroping new coins daily

https://etherscan.io/token/0xfca59cd816ab1ead66534d82bc21e7515ce441cf?a=0xd8e15c71964b05ffa0884c9fa21e19f7a3c6449d


yesterday my friend received 3700 coins for free! he bought 75000 more or less 1h before airdrop.


they are literally sending coins for free

>> No.22349897

>>22349843
my friend bought *7500 lol not 75.000

you can check it here:
https://etherscan.io/token/0xfca59cd816ab1ead66534d82bc21e7515ce441cf?a=0xbe23cbb62064b8b1550ae5ada59c39d45b1e2081


rari sent him for free 3791 coins, with this transaction :
https://etherscan.io/tx/0x8f1f715893acc8cf82c1de3d3b822a55aa3bdf61e580639adaa29b8d59f08ab5

FREE MONEY! fishy af

>> No.22349957

Better join Nyan.finance or Kitten.finance

https://www.kittenswap.org

>> No.22350108

>>22349247
OP is a literal FUD pajeet from multiple IPs all of your fucking messages are written in that same butthurt little fag tone.
>Spreads Fud
>Fud gets dispelled
>Nyeh no that's not what I said

>> No.22350231
File: 10 KB, 251x242, 1584878557631.jpg [View same] [iqdb] [saucenao] [google]
22350231

>>22350108
>4 posts by this ID
seethe harder, washtrader
or are you actually a retard who is speculating on the token? Because a washtrader would have the common sense not to bump this thread.

>> No.22350302

>>22350108
for real lol so sad, been a few ppl posting about wanting to buy in at lower prices no wonder the fud is going hard

>> No.22350364

>>22350231
Lol There are fucking measures in place so that you can't just sell 1B worth of art to yourself. This thread is only going to throw off some low IQ tard so I can accumulate some more.

>> No.22350430

>>22350364
>1B
the 20 ETH in my example is about 7kUSD. You profit about 18k USD off it by dumping at current RARI price.

>> No.22350532

>>22349247
does anyone actually ever buy these painfully obvious scams? like for real, for real?

>> No.22350542

>>22349247
thanks OP, dumped my bags and increased my link stack

>> No.22350702

>>22349247
Dumped my 3x

>> No.22350866

>>22349330
It is nice FUD, yum

Digital rights management is just art

>> No.22350890

>>22350702
congrats, you fell for the fud. when volume increases due to the new decentralized insurance market op's issue won't exist anymore, and even now it's exaggerated

>> No.22350921

>>22350890
Why would he care? He made 3x his investment.